- Emirates Water & Electricity Company (EWEC) launched a 2 Gigawatt (GW) solar project in Abu Dhabi, UAE, earlier this month.
- The bid deadline is 31 October 2019 and the start of commercial operations at the huge solar photovoltaic (PV) park is targeted for the first quarter of 2022.
- This follows the recent commissioning of the world’s biggest single solar PV project, the 1177MW Noor Abu Dhabi solar plant. Read more
Earlier this month Emirates Water & Electricity Company (EWEC) issued a request for proposals (RFP) for the construction and development of a 2GW solar plant in Al Dhafra, Abu Dhabi.
The project will involve the financing, construction, operation and maintenance of the solar plant under a long-term power purchase agreement. The successful developer will form a special-purpose vehicle (SPV) company in partnership with EWEC. The developer consortium will own up to 40 per cent of the SPV.
EWEC said 48 expressions of interests (EOIs) were submitted from international and local developers earlier this year to develop the project. Commenting on the project, EWEC’s chief executive officer, Othman Al Ali, said: “The strong interest expressed so far illustrates the attractive business model and reaffirms the strong case for investment in UAE’s renewable energy sector.”
Once complete, the project site will cover roughly 20km2.
Author: GBA News Desk
